Brazil Industrial Output (YoY) came in at 1%, above forecasts (0.1%) in December
Blogs
UK public inflation expectations for year ahead hit two-month high in Jan – Citi/YouGov survey
UK public inflation expectations for the coming year rose to a two-month high in January, a survey conducted by online polling company YouGov and published by Citi Group showed on Friday.
AUD/JPY edges higher to near 96.80 after rebounding from two-month lows, US NFP eyed
AUD/JPY continues to gain ground, recovering from the two-month low at 95.50 observed in the previous session.
Slight negative bias for the Dollar on NFP day – ING
Nonfarm Payrolls (NFP) data today will be high on market’s watchlist.
GBP to remain supported as the BoE awaits further evidence of disinflation before cutting rates – Commerzbank
Economists at Commerzbank analyze Pound Sterling’s (GBP) outlook after the Bank of England (BoE) shifted towards a more neutral approach to monetary policy as persistent inflation is still a concern.
India FX Reserves, USD up to $616.73B in January 22 from previous $616.14B
India FX Reserves, USD up to $616.73B in January 22 from previous $616.14B
USD/CHF continues its losing streak on subdued US Dollar, stretches lower to near 0.8560
USD/CHF loses ground for the third consecutive session, edging lower to near 0.8560 during the European trading hours on Friday.
USD/JPY: Decline could extend towards 142.00 on a break under 145.50/145.30 – SocGen
USD/JPY consolidates near two-week low. Economists at Société Générale analyze the pair’s technical outlook.
Pound Sterling Price News and Forecast: GBP/USD could test 1.2820 if NFP fails to support USD
The GBP/USD pair registered an amazing rally as the Dollar Index crashed despite some positive economic data in the last session.
FX option expiries for Feb 2 NY cut
FX option expiries for Feb 2 NY cut at 10:00 Eastern Time, via DTCC, can be found below.